1304 E 5th StPrattKS67124
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Pratt at 1304 E 5th St, Pratt, KS, 67124 generates $1,843/mo in rent and, after a $600/mo payment, leaves $1,028/mo in cash flow. Total monthly income is $1,843/mo, and annual cash flow is $12,331/yr on $40,609 invested. Return on cash invested sits at 50.27% in year one, and rental yield is 18.05% on a $122,500 entry. Equity gained on principal adds $790/yr, while 5% annual appreciation builds toward $33,844 over five years. Five-year ROI reaches 266.34% and total cumulative return in cash sums $108,156. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,843/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67124, Pratt, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,736 (100%) |
| Owner Occupied HU | 2,258 (60.4%) |
| Renter Occupied HU | 905 (24.2%) |
| Vacant Housing Units | 573 (15.3%) |
| Median Home Value | $125,806 |
| Average Home Value | $176,372 |
Housing Distribution
Address Breakdown
Residential
3,392
Single Family
3,260
Multi-Family
132
Businesses
468
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